ARI Network Services hires investor relations firm

"ARI is a more focused and dynamic company than it has been in the recent past. We have successfully repositioned the company to focus on our core competencies, to operate on a more cost-efficient basis, with the expectation of consistent profitability,” says ARI Network Services president and CEO Roy W. Olivier. “We provide leading-edge SaaS solutions in large markets with substantial headroom for growth, and we see great opportunities to expand our business in the coming years. All of these factors lead us to believe that the time is right to expand our shareholder base and to achieve a valuation multiple commensurate with the progress we are making in growing the company."

Lytham Partners will be tasked with expanding the company’s visibility in the national investment community.

"ARI is an emerging leader in providing SaaS solutions that assist dealers, distributors and manufacturers in the outdoor power equipment, powersports, marine and RV markets drive sales and expand margins," says Joseph Diaz, managing partner of Lytham Partners, LLC. "While the macroeconomic conditions of recent years have had a negative impact on market growth, ARI management, in conjunction with the board of directors, has repositioned the company to operate more efficiently and profitably."